CICC Reaffirms Their Buy Rating on Xiaomi (XIACF)
CICC analyst maintained a Buy rating on Xiaomi yesterday and set a price target of HK$53.00. The company’s shares closed yesterday at HK$38.82.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Currently, the analyst consensus on Xiaomi is a Strong Buy with an average price target of $8.02, implying a -79.34% downside from current levels. In a report released yesterday, CMB International Securities also maintained a Buy rating on the stock with a HK$55.31 price target.
XIACF market cap is currently HK$1093.4B and has a P/E ratio of 21.79.
Read More on XIACF:
Disclaimer & DisclosureReport an Issue
- AI Daily: Musk’s xAI in talks to raise $15B at $230B valuation
- Xiaomi’s Strategic Growth and Resilience Amidst Market Challenges: A Buy Recommendation
- AI Startup AGI in talks to raise funding at $500M valuation, Forbes reports
- Xiaomi Announces Significant Share Awards and Options to Employees
- Xiaomi Corporation Reports Strong Q3 2025 Growth
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.